There was looming tension over an attempt to export gold to the Emirates last Tuesday 2 January 2024 due to the ownership tussle of Adamus Resources Ltd, a gold mining Company operating from the western region.
The legal squabble has resulted in an injunction filed by one of the two parties involved in the legal battle.
According to sources, persons who have been restrained by the court are now being aided by some powerful political hands in government to smuggle huge sums of gold to the Emirates despite a court injunction barring the directors of Adamus involved in the case from further transacting business in the name of Adamus Resources Ltd.
It was also revealed that one of the parties in the person of Angela List and the other two directors she appointed to the Board of Adamus Ghana without consent from Adamus Australia have been restrained and cannot continue to govern the Company, according to an Accra High Court order on December 21, 2023.
Notices of the said injunction application have also been served on all interested parties at the Aviance Cargo Village, including the PMMC, NACOC, Customs/GRA, National Security, Swissport, and others, to primarily prevent Angela List, who is currently asked to step aside and desist from holding herself out as a director of Adamus, from exporting gold outside the country.
This move was prompted by Adamus Resource’s attempt to ship four boxes of gold weighing 58069 grammes to the Emirate via KLM on Tuesday, January 2, 2024, without the prior consent and approval of an Interim Management Committee for the Company. An application for injunction later thwarted this.
Several attempts by some security heads at the KIA to assist her in exporting the gold notwithstanding a pending application for an injunction have been unsuccessful, adding that the counter documents submitted by the self-imposed directors to the stakeholders who were earlier this week served with the injunction notice restraining her from carrying out further activities in the name of Adamus Resource were unhelpful.
The stakeholders at both the KIA and Aviance Cargo Village have been warned that if they continue to aid those restrained by the court in exporting gold in the name of Adamus Resources, as they could be cited for contempt of Court.
The public is therefore urged to avoid any further business activities with unauthorised persons claiming to be director/s of Adamus, particularly in terms of exporting gold in the name of Adamus Resources Ltd.
The Accra High Court has ordered the formation of an interim management committee (IMC), where each of the parties is expected to nominate two representatives, where the Minister of Lands and Natural Resources and Adamus Australia have made their appointments to the IMC since the order of the court on the 27th of July 2023, but Angela List is still carrying herself as director of Adamus and transacting unlawful activities in the name of Adamus Resources Ltd.
Background
In this regard, Adamus Australia, the firm’s 90% shareholder, is contesting a supposed transfer of its shares to Angela List via her company, Nguvu Mining, and is preventing her from transacting business for and on behalf of the company.
Concerned about the continued export of gold by Angela List and the other restrained directors, Adamus Australia filed an injunction application at the high court on 3/1/2024 to prevent any further gold export by the restrained directors unless authorised by members of an Interim Management Committee (IMC) ordered by the Court on the 27th of July 2023.
The Ministry of Lands and Natural Resources appointed Lawyer Juliet Osei-Wusu (Mrs) to lead the five-member IMC, while Adamus Australia appointed two members.
Nguvu Mining has yet to indicate its two appointments to the IMC; instead, it has presented to Accra Airport authorities an application purportedly filed on behalf of Adamus Ghana to persuade them to disregard a pending application for an injunction to stop gold shipments by the restrained directors.
On December 21, 2013, the Court determined that processes filed by Ferociter Law on behalf of Adamus Ghana following the instructions of the restrained directors and found that they were not authorised and were dismissed.
An application for contempt against the restrained directors and the Commissioner for Customs has previously been filed but is yet to be heard.
Customs officials, security personnel, and airport authorities are taking precautions to avoid incurring the Court’s wrath by supporting the restrained directors and Brinks SI in exporting gold from Adamus Ghana Ltd until the injunction application is decided on 25/1/24.
Click the links below for the Court documents
